Pegasystems Inc (PEGA)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,497,180 | 1,432,620 | 1,317,840 | 1,211,650 | 1,017,520 |
| Property, plant and equipment | US$ in thousands | — | — | 131,170 | 114,358 | 108,049 |
| Fixed asset turnover | — | — | 10.05 | 10.60 | 9.42 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,497,180K ÷ $—K
= —
The fixed asset turnover ratio for Pegasystems Inc. has experienced fluctuation over the analyzed period from December 31, 2020, to December 31, 2022. Specifically, as of December 31, 2020, the ratio was 9.42, indicating that the company generated approximately $9.42 in revenue for every dollar invested in fixed assets. By December 31, 2021, this ratio increased to 10.60, reflecting an improvement in the efficiency with which fixed assets were used to generate revenue. However, by December 31, 2022, the ratio decreased slightly to 10.05, suggesting a marginal decline in asset utilization efficiency relative to the previous year but still maintaining a higher level compared to 2020.
The absence of data for December 31, 2023, and December 31, 2024, precludes further analysis of the trend for these years. Overall, the period indicates an initial improvement in fixed asset efficiency from 2020 to 2021, followed by a slight decrease in 2022. This pattern may reflect changes in operational efficiency, asset utilization strategies, or investments related to fixed assets during this timeframe.
Peer comparison
Dec 31, 2024